1992
DOI: 10.1016/0090-2616(92)90061-q
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Rebuilding after the Merger: Dealing with “survivor sickness”

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Cited by 105 publications
(94 citation statements)
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“…This is because employees' perception of unfairness in the merger process could negatively affect their satisfaction, commitment, trust, and consequently, their intention to stay in the new organization that emerges (Dailey & Kirk, 1992;McFarlin & Sweeney, 1992). However, this anxiety-induced employees' stress may be substantially reduced when important decisions are made and announced by their management regarding which of the firm's departments or units are likely to be affected by the merger, and the employees who might be retrenched (Garpin & Herndon, 2000;Marks & Mirvis, 1992). Stress and conflict could emerge from a merger as a result of formal organizational entities no longer existing, and employees feeling stronger senses of loss, grief, and even anger about losing their old identities and values (Ivancevich, Schweiger, & Power, 1987;Sutton, 1987).…”
Section: Literature Reviewmentioning
confidence: 99%
See 1 more Smart Citation
“…This is because employees' perception of unfairness in the merger process could negatively affect their satisfaction, commitment, trust, and consequently, their intention to stay in the new organization that emerges (Dailey & Kirk, 1992;McFarlin & Sweeney, 1992). However, this anxiety-induced employees' stress may be substantially reduced when important decisions are made and announced by their management regarding which of the firm's departments or units are likely to be affected by the merger, and the employees who might be retrenched (Garpin & Herndon, 2000;Marks & Mirvis, 1992). Stress and conflict could emerge from a merger as a result of formal organizational entities no longer existing, and employees feeling stronger senses of loss, grief, and even anger about losing their old identities and values (Ivancevich, Schweiger, & Power, 1987;Sutton, 1987).…”
Section: Literature Reviewmentioning
confidence: 99%
“…As a consequence, the level of employee anxiety may reach the highest level once a merger becomes a reality (Buono & Bowditch, 1989). Marks and Mirvis (1992) explained that such increased anxiety is likely to push employees to be preoccupied with the repercussions of the merger on their jobs, livelihoods, and careers. This is because employees' perception of unfairness in the merger process could negatively affect their satisfaction, commitment, trust, and consequently, their intention to stay in the new organization that emerges (Dailey & Kirk, 1992;McFarlin & Sweeney, 1992).…”
Section: Literature Reviewmentioning
confidence: 99%
“…According to Marks and Mirvis (1992), leadership acceptance is an important organisational outcome because subordinates, who are more satisfied with the organisational change strategy (like new management styles), are likely to adjust more quickly to the new culture and strategies that the new leaders are trying to implement. In addition, they argue that resistance to the new leaders is an underlying cause of unproductive behaviours that range from reduced productivity to sabotage.…”
Section: Leadership Acceptancementioning
confidence: 99%
“…Studies examining the issue of equality in M&As, however, have concluded that in the end, and in particular, during postmerger integration, the principle of equality is not sustainable (Hambrick & Cannella, 1993;Meyer & Altenborg, 2007). Thus, the rule of distributive justice, which implies a fair outcome for all (Leventhal, 1976), is difficult to create and maintain in M&As because of the inherent differences associated in both the initial conditions of the merger and the dynamics of postmerger integration (Marks & Mirvis, 1992).…”
Section: Contexts Of Equality: Cultural Differences In Mergers Of Equalsmentioning
confidence: 99%